11 Alaska Admin. Code § 39.111

Current through November 28, 2024

Section 11 AAC 39.111 - Nonqualifying loan purposes

Loans will not be made for the following purposes:

(1) boats;

(2) airplanes;

(3) automobiles and trucks, except specialized vehicles not readily convertible to personal or non-agricultural use;

(4) silviculture projects, except for horticultural purposes;

(5) boarding stables and arenas;

(6) riding academies and schools;

(7) establishments that only resell rather than produce, process, or add value to agricultural products;

(8) residential improvements.

11 AAC 39.111

Eff. 12/11/84, Register 92; am 10/27/2002, Register 164

Authority:AS 03.09.040

AS 03.10.020

AS 03.10.030

AS 03.10.050